Midstate Electric Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 930389023 ✦ La pine, OR ✦ Designated as a 501(c)(12)

Overview

What is Midstate Electric Cooperative Inc?

Midstate Electric Cooperative Inc is a nonprofit organization based in La Pine, Oregon. With a mission to deliver cost-effective and reliable utility services, they provide electricity to a community of 17,519 members. Their operations involve the distribution and sale of electricity, ensuring a consistent power supply to residents and businesses within their network. The cooperative boasts a team of 73 employees dedicated to maintaining and expanding their services to meet the needs of their members.


Official website here: www.midstateelectric.coop

Is Midstate Electric Cooperative Inc legitimate?

Midstate Electric Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Midstate Electric Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $879,895
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,474,020

For more financial information, click here


Official website here: www.midstateelectric.coop

What is the mission statement of Midstate Electric Cooperative Inc?

Midstate Electric Cooperative is dedicated to delivering cost-effective and reliable electricity services to its members. The cooperative's primary mission is to ensure a consistent electricity supply for the communities it serves. It prioritizes affordability, making electricity accessible to its members without causing undue financial burden. The cooperative's commitment to reliability is evident in its efforts to maintain a robust electrical infrastructure and promptly address any power disruptions. With a membership base of over 17,000 households and businesses, Midstate Electric Cooperative plays a vital role in powering the daily lives of its members.


Official website here: www.midstateelectric.coop

Who is the CEO of Midstate Electric Cooperative Inc?

James Anderson is the General Manager of Midstate Electric Cooperative Inc.


Official website here: www.midstateelectric.coop

What is the revenue of Midstate Electric Cooperative Inc?

Midstate Electric Cooperative Inc's revenue in 2022 was $38,478,434.


Official website here: www.midstateelectric.coop

Who are the executives of Midstate Electric Cooperative Inc and what are their salaries?

The average compensation at Midstate Electric Cooperative Inc during 2022 was $59,643. There are 73 employees at Midstate Electric Cooperative Inc.

Here are 19 key members and their salaries:

    James Anderson (General Manager)
  • Compensation: $254,387
  • Related: $0
  • Other: $183,618

    • Jami Steinhauer (Chief Financial Officer)
  • Compensation: $173,968
  • Related: $0
  • Other: $141,036

    • Tom Weller (Engineering Manager)
  • Compensation: $181,378
  • Related: $0
  • Other: $115,271

    • Pat Barker (Working Foreman Area Coordinator)
  • Compensation: $213,185
  • Related: $0
  • Other: $77,486

    • Gary Green (Serviceman)
  • Compensation: $163,881
  • Related: $0
  • Other: $77,769

    • James Powers (Information Services Manager)
  • Compensation: $160,669
  • Related: $0
  • Other: $79,344

    • Sina Streeter (Human Resources / Communications Manager)
  • Compensation: $161,788
  • Related: $0
  • Other: $71,159

    • Tyler Graff (Lineman)
  • Compensation: $162,240
  • Related: $0
  • Other: $42,039

    • Dan Jansen (Director)
  • Compensation: $44,388
  • Related: $0
  • Other: $0

    • Victor Russell (Chairman)
  • Compensation: $36,578
  • Related: $0
  • Other: $0

    • Tanna King (Secretary / Treasurer)
  • Compensation: $34,787
  • Related: $0
  • Other: $0

    • Alan Parks (Director)
  • Compensation: $31,078
  • Related: $0
  • Other: $0

    • Richard Luebke (Vice Chairman)
  • Compensation: $29,698
  • Related: $0
  • Other: $0

    • Garry Journey (Director)
  • Compensation: $20,614
  • Related: $0
  • Other: $0

    • Ron Cass (Director)
  • Compensation: $19,948
  • Related: $0
  • Other: $0

    • Donovan Kendall (Director)
  • Compensation: $18,500
  • Related: $0
  • Other: $0

    • Wayne Ernst (Director)
  • Compensation: $14,257
  • Related: $0
  • Other: $0

    • Gordon Dearmond (Director)
  • Compensation: $13,533
  • Related: $0
  • Other: $0

    • Ron Sommerfeldt (Director)
  • Compensation: $6,784
  • Related: $0
  • Other: $0


  • Official website here: www.midstateelectric.coop

    Where can I find the form 990 for Midstate Electric Cooperative Inc?

    The Midstate Electric Cooperative Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.midstateelectric.coop

    Learn more at the official website: www.midstateelectric.coop

    Mission Statement of Midstate Electric Cooperative Inc

    Midstate Electric Cooperative, a leading utility service provider, is committed to delivering cost-effective and reliable electricity to its membership base. The Cooperative's primary mission revolves around ensuring its members have consistent access to electricity for their daily needs. By providing affordable utility services, Midstate Electric Cooperative aims to contribute to the overall quality of life of the communities it serves.

    Established with a focus on community service, Midstate Electric Cooperative prides itself on being a trusted partner to its members. With a membership base of 17,519, the organization is dedicated to ensuring each household and business receives the electricity they need to power their homes and businesses. By investing in efficient infrastructure and technology, Midstate Electric Cooperative is able to maintain a reliable electricity supply and minimize power outages, making a significant difference in the lives of its members.

    In conclusion, Midstate Electric Cooperative Inc is more than just a utility service provider. It is a community-focused organization that is dedicated to ensuring its members have access to cost-effective and reliable electricity. By prioritizing the needs of its members, Midstate Electric Cooperative plays a crucial role in enhancing the overall quality of life within the communities it serves.

    Impact

    This information is meant to be a general summary of Midstate Electric Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Midstate Electric Cooperative Inc's impact lies in providing cost-effective and reliable electricity services to its 17,519 members in LA PINE, Oregon. Through its mission of delivering and selling electricity to its members, Midstate Electric Cooperative Inc plays a vital role in ensuring access to essential utility services for its community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $292,455
  • Program Service Revenue: $38,123,082
  • Gross Receipts: $38,478,434

    • Assets and Liabilities:
  • Total Assets: $86,079,392
  • Total Liabilities: $52,262,498
  • Net Assets: $33,816,894
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Electric Sales

    Revenue

    $38,103,144

    Dark Fiber Leasing

    Revenue

    $17,851

    Outside Billings

    Revenue

    $2,087

    Organization Details

    Founding Year

    1948

    Principal Officer

    James Anderson

    Main Address

    P O Box 127, La Pine, OR, 97739

    NTEE Category

    Code: W80 - Public benefit

    If you are a representative of Midstate Electric Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.